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1080 SW 1st Ave
Canby, OR 97013 Canby

$4,742,400 USD

Drugstore For Sale  •  14,820 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,745 SF
  • Lot Size 1.39 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning CM
30 Transit Score
50 Walk Score

Highlights

Proven Long Term Absolute NNN Corp. Lease by Walgreens - 12 Yrs. plus Options
High Profile Corner across from Safeway Grocer/Canby High School (1400+ Students)
Strong Lease Guarantee - Subsidiary of Sycamore Partners Private Equity ($11B+ Assets)
Recent New Prototype 15 Yr. Lease Extension to include Rare Rent Bumps every 5 Yrs.
Premier Retail Corridor - Part of Portland/Vancouver MSA Trade Area (Heart of Oregon)
High Profile Large 1.39 Acre Site - Zero LL Duties - Proven Store via New Long Term Lease
Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 14,820 SF 2/20/2038

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Wilsonville (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 16 min - 8.3 mi
AirportDriveWalkDistance
Portland International 44 min - 28.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 58
Type: Surface
Included in Rent: Yes
Eric Carlton 949-903-3399 Colliers
Eric Carlton 949-903-3399 Colliers